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    1021 Justin Avenue

    Glendale, CA 91201
    • $3,120,000
    • STATUS: Active Under Contract
    • ON SITE: 46 days
    • ID#: AR21006277
    Under Contract
    $3,120,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,234
      SQFT
    • $500
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    1021 Justin Avenue, an 8-unit apartment located in the highly desirable city of Glendale, above Glenoaks Boulevard, bordered by the City of Burbank. The property is situated near superb access to nearby amenities, such as schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY).The property is a two-story apartment community with gated parking and secured entrance. It is situated on a residential street surrounded by other a single-family and condominium communities. Built in 1987, it offers a superb unit mix of (4) 2 bed + 2 bath units, (4) 1 bed + 1 bath units, with a total of 11 gated parking spaces on a lot size of +-7,380 SF with a total building size of +-6,234 SF. The property has been well maintained throughout current ownership with no known deferred maintenance with recently incorporated cost-efficient features such as, electricity generating solar system (zero electric bill), +G+electric eye+G-, newer polyurethane roof, dual-pane windows, new air conditioning units, on-site laundry (machines owned), central A/C, individual water heaters, and 1.5 GPF plumbing. Each unit has a spacious layout, updated appliances with stainless steel sinks, tile and laminate wood flooring, and refreshed vanities, countertops and cabinetry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T00:29:51.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

    www.jettrealestate.com/homes/113191723
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    1021 Justin Avenue Glendale, CA 91201

    • Price: $3,120,000
    • Status: Active Under Contract
    • ID#: AR21006277
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,234
    SQFT
    $500
    $/SQFT
    1987
    Built
    Neighborhood:
    626 - Glendale-Northwest
    County:
    Los Angeles
    Area:
    626 - Glendale-Northwest
    Property Description
    1021 Justin Avenue, an 8-unit apartment located in the highly desirable city of Glendale, above Glenoaks Boulevard, bordered by the City of Burbank. The property is situated near superb access to nearby amenities, such as schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY).The property is a two-story apartment community with gated parking and secured entrance. It is situated on a residential street surrounded by other a single-family and condominium communities. Built in 1987, it offers a superb unit mix of (4) 2 bed + 2 bath units, (4) 1 bed + 1 bath units, with a total of 11 gated parking spaces on a lot size of +-7,380 SF with a total building size of +-6,234 SF. The property has been well maintained throughout current ownership with no known deferred maintenance with recently incorporated cost-efficient features such as, electricity generating solar system (zero electric bill), +G+electric eye+G-, newer polyurethane roof, dual-pane windows, new air conditioning units, on-site laundry (machines owned), central A/C, individual water heaters, and 1.5 GPF plumbing. Each unit has a spacious layout, updated appliances with stainless steel sinks, tile and laminate wood flooring, and refreshed vanities, countertops and cabinetry.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 6.00 Lot Features LevelValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarportCovered Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.08 Community Features SidewalksStreet LightsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 178980.00 Gross Scheduled Income 178980.00 Insurance Expense 0.00 Land Lease YN No Laundry Income 2700.00 Laundry YN Yes Net Operating Income 127495.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 9 Operating Expense 46115.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 46115.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Glr4*

    Listing provided courtesy of Jeanelle Mountford of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T00:29:51.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

     
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